CMS ENERGY CORP's CMS-P-B is an exchange-traded preferred stock in the Electric & Other Services Combined sector. At a recent price of $75.74, CMS-P-B yields 5.94% on its $100 liquidation preference and 4.5% coupon. It trades at a discount of 24.3% to par. The issue is cumulative, perpetual (no stated maturity). Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.